S5E8 Aaron Call | How to Find Money for MedTech Startups

Being an Engineer

The episode explores Aaron Call's journey from engineer to entrepreneur, and his insights on innovation, market intelligence and the future of Medtech.

Main Topics:

• Medical device development and market fit
• Market research methods for disruptive innovation
• Market analysis and decision-making in the medical industry
• Engineering background and its impact on business decisions
• Medical device industry trends, AI, and fundraising.

About the guest: Aaron Call is the innovative founding principal of Jaunt, a company specializing in market intelligence and strategic decision-making for the medical device industry. With a rich background in biomedical engineering and product management, Aaron has been instrumental in guiding both startups and established enterprises through the complex landscape of medical technology. His expertise extends to Class I and Class II medical devices, digital health technologies, and he holds patents in the medical device field. Aaron's leadership at Jaunt is marked by a commitment to empowering companies with the insights and strategies needed to succeed in the dynamic world of medical technology. Join us as we explore Aaron's journey from engineer to entrepreneur and delve into his insights on innovation, market intelligence, and the future of MedTech.

Links:
Aaron Call - LinkedIn
Jaunt Website
About Being An Engineer

The Being An Engineer podcast is a repository for industry knowledge and a tool through which engineers learn about and connect with relevant companies, technologies, people resources, and opportunities. We feature successful mechanical engineers and interview engineers who are passionate about their work and who made a great impact on the engineering community.

The Being An Engineer podcast is brought to you by Pipeline Design & Engineering. Pipeline partners with medical & other device engineering teams who need turnkey equipment such as cycle test machines, custom test fixtures, automation equipment, assembly jigs, inspection stations and more. You can find us on the web at www.teampipeline.us

Chapters

1. Challenges of bringing medical devices to market (00:00:47)

2. Distinguishing between sustaining and disruptive innovation (00:06:52)

3. Market research methods for disruptive innovation (00:11:51)

4. Example of market analysis helping a client's strategic decision (00:16:46)

5. Engineering background's impact on running a business (00:24:13)

6. Current state of medtech funding and predictions for 2024 (00:26:48)

7. Advice for engineers/entrepreneurs entering medtec (00:29:41)

8. Future of medtech and predicted growth of AI (00:30:57)

9. Process of getting funded from startup to commercialization (00:35:17)